How much do good realtors make per year?

[Anonymous]

I was surprised to realize that on the sale of our small townhouse, our agent walked away with 1/3 my yearly income. And I know for a fact that she represent other, bigger, more important clients... So, what's the take for a Washington fine properties or Sotheby's agent?

[Anonymous]

She didn't walk away with the entire commission. The seller's agent splits the commission with the buyer's agent 50/50. Both agents then split that 50% with their firm, often also 50%.

[Anonymous]

The agent get's about 1/2 of the commission and the rest goes to the company that does nothing.

It's a racket, the only way to play the game is to use redfin or a rebate realtor.

[Anonymous]

We did some math and estimated that our agent (very popular at a high-end firm) makes at least $1M/yr. Very easily could be more with a few big sales.

[Anonymous]

^ agent had told us earlier what % goes to the firm, etc. so that's how we did the math

[Anonymous]

OP, you forgot to capitalize "Realtor".

[Anonymous]

PP. You forgot to use the trademark symbol

[Anonymous]

OP here - her portion of the commission was 1/3 my salary . So, even if she gives 50% to the company (why do they do that?), she only need sell 6 small townhouse a per year to get my salary, which seems amazing...

[Anonymous]

all caps also helps. I MEAN ALL CAPS FOR THE REALTOR™.

[Anonymous]

I earn between 1.4 and 1.75 (my high) each year, depending on the economy and whether it's a year I've given birth or not.

[Anonymous]

Anonymous wrote:We did some math and estimated that our agent (very popular at a high-end firm) makes at least $1M/yr. Very easily could be more with a few big sales.

$1M gross, then there are expenses. $1M is a lot to make for a person, but not quite so much for a business.

[Anonymous]

Anonymous wrote:I earn between 1.4 and 1.75 (my high) each year, depending on the economy and whether it's a year I've given birth or not.

What is your adjusted gross income on your tax returns?

[Anonymous]

Anonymous wrote:I earn between 1.4 and 1.75 (my high) each year, depending on the economy and whether it's a year I've given birth or not.

How often do you give birth

[Anonymous]

I earn a little over 100k, but I'm in a LCOL area

[Anonymous]

Just checked this morning for accountant. Made $923,000 in commissions in 2013. Expenses including business tax but not FICA or income taxes generally reduce to about $875,000

I don't work for Washington Fine Properties or TTR, bot a well regarded firm. My average sale in a close in area is $750,000.